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IMF approves US$20m for Malawi: Encourages govt to address cashleak

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The Executive Board of the International Monetary Fund (IMF) meeting in Washington on Friday completed the third and fourth reviews of Malawi’s economic performance under a program supported by the Extended Credit Facility (ECF) arrangement where it approved about US$20m (about K8billion) disbursement. This sum brings in a total disbursements under the arrangement to US$79.8 (about K30billion)....

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